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Tag: infratel
Bharti offloads INR25.7bn Infratel stake
2017-08-09 02:00:00| Total Telecom industry news
Bharti Airtel this week sold a 3.65% stake in its towers business Bharti Infratel, raising 25.7 billion rupees (€343.32 million). In a statement on Tuesday…read more on TotalTele.com »
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RCOM close to completing Infratel sale
2015-09-25 15:34:41| IT Services - Topix.net
There are four bidders - American Tower Corporation , Carlyle, Farallon Capital and Tillman Capital -competing for a majority stake in the tower firm, although two of the prospective buyers are interested in purchasing RCOM's entire 96% stake according to one of the sources.
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Airtel sells Infratel stake for USD 350 million
2014-08-08 13:23:00| Telecompaper Headlines
(Telecompaper) Indian mobile telephony operator Bharti Airtel has raised around INR 21.4 billion (approximately USD 349.6 million) from a share sale in its unit Bharti Infratel. Via this move, Airtel sought to comply with a rule that requires listed companies to have a minimum 25 percent public shareholding. Before the sale, Airtel held a 79.4 percent stake in its mobile tower unit Bharti Infratel. Airtel sold a 4.5 percent Infratel stake on the open market.
Bharti Infratel makes weak debut, shares down 11.4% over IPO price
2013-01-02 01:00:00| Total Telecom industry news
Indian telecoms towers company started trading on Bombay Stock Exchange late last month.
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